INTRODUCTIONIn this empirical project I will try to explain the relationship between the oil prices, gold prices and stock market in the United State using yearly time series data. Since the gold and oil prices are raising their influence on stock market is also increasing and we will see how fluctuations in oil prices and gold prices impact the stock market in the United States. So here oil prices and gold prices will be our explanatory variable and stock market index will be our explained variable. In this study we will use multiple regression analysis to explain the relationship. The data is collected from years 1961 to 2010 so the sample size is 50. The explanatory variable gold is in average us dollars per ounce and crude oil is in average us dollars per barrel both are on yearly basis and are nominal. The data is collected from the website inflationdata.com. (Source:-http://www.fintrend.com/charts/gold-vs-oil-chart/). The explained variable stock market is represented by the SNP 500 since it is one of the most commonly used benchmark for overall US stock market. I have taken yearly returns are taken from year 1961 to 2010. (Source:- http://www.financeandinvestments.blogspot.com/2011/05/historical-annual-returns-for-s-500.html). The model used for multiple regression analysis is of the form Y = 0+ 1X1+ 2X2+ u Here Y = stock market annual returns in percentage,X1 = crude oil prices in us dollars per barrel, X2= gold prices in us dollars per ounce The Standard and Poor’s 500 is an index containing 500 large companies of the US and is one of the most commonly used benchmarks for the overall U.S. stock market. It is better than Dow Jones Industrial Average because DJIA only contains 30 companies so SNP 500 can better represent the overall US stock market. I chose gold because gold is considered as the universal commodity and an investment tool. Gold is a global currency and hedge against inflation and other currencies because it is a stable commodity so it has a direct impact on the performance of the stock market. The relationship between gold prices and stock market is expected to be positive which means as gold prices increase the stock prices are expected to be increase as well. Oil is also a factor that affect the stock market and analyst strongly believe that there is a direct relationship between the price of oil and stock market. The relationship between oil and stock prices is accepted to be a negative which means that when oil prices go down the stock prices are expected to go up. However there is no right and wrong answer that how oil and gold prices affect the stock market but majority of analysts all over the world agree that price of gold and oil has a direct impact on stock market. LITERATURE REVIEW

A significant amount of literature is available that shows the relationship between stock market returns and other macroeconomic variables. In 1970 Famma conducted survey on the behavior of stock market returns and his Famma theory of efficient market hypothesis suggest that stock market are only efficient when they reflect the true fundamental macroeconomic behavior. In another study performed by Poterba and Summers in 1988 they showed that the US stock returns have a mean reverting tendency and therefore they can be predicted to some extent. Based on these subsequent studies we can say that efficient market hypothesis holds in the US market and there are strong relationships between stock market and real economic variables like GDP, inflation, industrial production and employment. Since gold and oil both have a strong relationship with inflation so therefore so we can say that the fluctuations in both gold and oil prices have a impact on the stock market. Industries like electronic, rubber, chemical, cement, automobile, food and textile will be influenced by changes in the oil and gold...

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...The Dow Jones Industrial Average (DJIA), also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stockmarket index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stockmarket. It is the second oldest U.S. market index after the Dow Jones Transportation Average, which Dow also created.
BSE Sensex or Bombay Stock Exchange Sensitivity Index is a value-weighted index composed of 30 stocks that started January 1, 1986. The Sensex is regarded as the pulse of the domestic stockmarkets in India. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. These companies account for around fifty per cent of the market capitalization of the BSE. The base value of the sensex is 100 on April 1, 1979, and the base year of BSE-SENSEX is 1978-79.
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...Correlation betweenOil & Gold prices and US dollar
The History
The forex exchange market is one of the largest and most liquid securities exchanges in the world with over $3.2 trillion in average daily turnover. This equates to 10 times the average daily turnover of global equity markets and 35 times the average daily turnover of the New York Stock Exchange. The forexmarket is open 24 hours a day, 6 days a week, with the EUR/USD accounting for 27% of total turnover. There is plenty of opportunity to make and lose money in currency exchange.
The gold standard era in the U.S. officially began with the passing of the Gold Standard Act in 1900. But it was not until World War II that brought about the need for a worldwide standard for currency values and exchange rates. The Bretton Woods Agreement in 1944 established two very important international institutions: the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (now the World Bank). What came from this agreement was that all the world’s currencies would be pegged against the value of gold, and with the U.S. dollar on the gold standard, the U.S. dollar effectively became the world’s reserve currency. The value of gold was fixed at $35 per ounce until the gold...

...Erlbaum Associates, Inc.
The RelationshipBetweenStockMarkets Of Major Developed Countries And Asian Emerging Markets
WING-KEUNG WONG† Department of Economics, National University of Singapore JACK PENM Faculty of Economics and Commerce, Australian National University RICHARD DEANE TERRELL National Graduate School of Management, Australian National University KAREN YANN CHING LIM Department of Economics, National University of Singapore
Abstract. With the emergence of new capital markets and liberalization of stockmarkets in recent years, there has been an increase in investors’ interest in international diversiﬁcation. This is so because international diversiﬁcation allows investors to have a larger basket of foreign securities to choose from as part of their portfolio assets, so as to enhance the reward-to-volatility ratio. This beneﬁt would be limited if national equity markets tend to move together in the long run. This paper thus studies the issue of co-movement betweenstockmarkets in major developed countries and those in Asian emerging markets using the concept of cointegration. We ﬁnd that there is co-movement between some of the developed and emerging markets, but some emerging markets do diﬀer from the developed...

...Correlation BetweenStock Exchange and Economic Growth
Abstract
This paper examines the correlation between capital market and economic growth in Pakistan using a regression function. Using annual data from 1999 to 2009, examining the relationship of the variables used in the analysis. The results show that the capital market development is positively correlated with economic growth, with feed-back effect, but the strongest link is from economic growth to capital market, suggesting that capital market follows economic growth, economic growth determining financial institutions to change and develop.
Key words: correlation; economic growth; capital market
Introduction
The Pakistani stockmarket comprises of three exchanges, namely Karachi stock exchange, Lahore stock exchange and Islamabad stock exchange. For the purpose of this study we will focus exclusively on Karachi stock exchange (KSE), which is the main exchange of the country.
A stock exchange is a place to regulate and perform the activities of stock (equity) market. It is considered as a “barometer” of the economy, because of its immediate and visible reaction on the news and transactions of economic importance. Capital...

...﻿The USStockMarket. Friday Jan 24th 2014 Close.
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...Comparison betweenGold and Equity
BA 341: Corporate Financial Management
OBJECTIVE
Our main objective for this assignment is to find out if an investor should invest in gold or stocks in current economy. Besides that, it is to know why an investor should invest in gold and not stock in current economy. Other than that, we will make some comparison between the years 2006 until 2010. Therefore, we also learn the main factors that affect investor to buy gold. Furthermore, we have to compare the difference betweengold and stock and also the drawbacks betweengold and stock. It is because they may have different factors to consider in cooperate financial management. Last but not least, we also want to understand how gold can benefit shareholders even when investors hold diversified portfolios of investments.
INTRODUCTION
Gold is a precious metal ore that is mined underground then melted and refined into bars, coins, jewellery, accessories and into units used in industries. In financial terms, Gold is considered a safe haven/ hedge investment, a store of value and a monetary asset.
Equity is defined as one’s ownership interest in a corporation in the form of preferred stock or common stock
INVESTMENT...

...﻿3D Scanning Market in the US 2014-2018
3D scanning is a fast and accurate method of transferring the physical measurements of an object into a computer in an organized manner to produce 3D data. The process is carried out with the help of a 3D scanner, a device that measures the physical world using lasers, lights, or X-rays and generates dense point clouds. The 3D attributes of an object are captured along with information such as color and texture by the scanner, which then creates a point cloud. The software converts the point cloud into a digital 3D object representation with high accuracy. The technology saves time, cost, and effort during the manufacturing process and improves the quality of output. It also has many applications in industries such as Healthcare, Entertainment, and Construction.
Covered in this Report
This report covers the present scenario and the growth prospects of the 3D Scanning market in the US for the period 2014-2018. To calculate the market size, the report considers revenue generated from the following segments:
Hardware (includes 3D scanners that collect data)
Software (includes software for point cloud presentation and manipulation)
Services (includes implementation, support, and maintenance services)
View our full TOC here
Key Regions
United States
Key Vendors
3D Systems Corp.
Autodesk Inc.
Basis Software Inc. (Surphaser)
Creaform Inc....